NOT LISTED FOR SALE

5710 E Highway 98 Panama City, FL 32404

Estimated Value: $275,000 - $849,571

6 Beds
4 Baths
3,564 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2021

Last sale price $650,000 $182 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,263 / mo

124 Days on Market

Highlights

  • Docks
  • Home fronts a seawall
  • Bayou View
  • Tyndall Elementary School Rated A-
  • RV Access or Parking
  • 4-minute walk to Under the Oaks Park

About This Home

As of May 2021

INVESTOR ALERT! This unique waterfront property needs work but has huge income potential. Zoned Mixed-Use! Duplex is modern and needs some TLC, including flooring, paint, roof repairs, and stucco repairs. Both sides are identical. Two 125' Docks in Pitts Bayou could generate more income by dock space lease/rent. Docks require repairs. Large 54 x 24 Garage for storage, with large 54 x 28 slab. Over half an acre is vacant, suitable for development, boat storage, and even has a couple RV/power poles! Currently has damaged vessels at the dock but owner may be negotiable in exchange for large Chris Craft, also docked at the property.

Last Agent to Sell the Property

Dennis Nelson

Keller Williams Success Realty License #SL3379289 Listed on: 12/28/2020

Keller Williams Success Realty

Last Buyer's Agent

Mike Herring

Keller Williams Realty Emerald License #3256219

Keller Williams Realty Emerald

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 2006

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 543' x 120'
  • Home fronts a seawall
  • Property fronts a bayou

Parking

  • 6 Car Attached Garage
  • RV Access or Parking

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Living Room
  • Utility Room
  • Bayou Views
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Patio

Schools

  • Tyndall Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Multiple cooling system units
  • Electric Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,215

Year Built

Built in 2006

Lot Details

1.42 Acres

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Duplex
  • Lot Size Acres: 1.42
  • Lot Size: 543' X 120'
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Interior Amenities: Utility Room
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Dining Room Type: Bedroom, Full Bath, Garage, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Patio, Utility Room
  • Stories: 1

Exterior Features

  • Pool Features: Other, See Remarks
  • View: Bayou
  • Waterfront Features: Bayou, Seawall
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Exterior Features: Deck, Dock, Patio
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: RV Access/Parking
  • Attached Garage: Yes

Utilities

  • Utilities: Water Connected
  • Cooling: Multi Units
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Bulkhead
  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Size Sq Ft: 61855.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 2215.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Tyndall
  • High School: Rutherford

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Bought by
Current Estimated Value
$536,893

Purchase Details

Closed on
Nov 9, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$70,788
Interest Rate
6.67%
Estimated Equity
$466,105
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$235,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $188,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Off Market $650,000 -- --
07/05/2022 07/05/22 Off Market $650,000 -- --
05/05/2021 05/05/21 Sold $650,000 -6.7% $182 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
03/31/2021 03/31/21 Price Changed $697,000 -7.1% $196 / Sq Ft
12/14/2020 12/14/20 For Sale $750,000 -- $210 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,358 $343,152 -- --
2024 $4,230 $311,956 $114,897 $197,059
2023 $4,230 $305,704 $106,650 $199,054
2022 $2,725 $268,074 $89,230 $178,844
2021 $2,131 $202,704 $84,395 $118,309
2020 $2,169 $203,957 $84,395 $119,562
2019 $2,101 $197,928 $81,765 $116,163
2018 $2,150 $199,180 $0 $0
2017 $2,207 $200,432 $0 $0
2016 $2,291 $201,684 $0 $0
2015 $2,379 $201,684 $0 $0
2014 $2,390 $202,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Nelson

    Seller's Agent in 2021

    Dennis Nelson

    Keller Williams Success Realty

    (850) 348-8262

    132 Total Sales

    Dennis Nelson
    Section Image
  • Mike Herring

    Buyer's Agent in 2021

    Mike Herring

    Keller Williams Realty Emerald

    (850) 708-1328

    266 Total Sales

    Mike Herring
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 706004

Central Panhandle Association of REALTORS®

APN: 25801-020-000

Florida Bay County Panama City 32404

5710 E Highway 98, Panama City, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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